Sources indicate that Steven Gerrard declined a return to Ibrox due to concerns that Rangers would not match his ambitions.
Rangers' search for a replacement for Russell Martin has hit a setback after talks with Steven Gerrard collapsed.
It was previously reported that Rangers had held positive discussions with Gerrard about taking over, with plans to accelerate his appointment.
Rangers will not be pushing ahead with plans for his return to Ibrox, four years after he left to join Aston Villa.
Author's summary: Gerrard declines Rangers return due to ambition concerns.